New Delhi, Feb 5 (TIWN) Global digital payment platform PayPal on Friday decided to wind down its domestic payment services in India from April 1.

"This means we will no longer offer domestic payment services within India from April 1," a PayPal spokesperson told IANS. The company has three centres in Bengaluru, Chennai and Hyderabad which are touted as the largest outside the US. The company also has its business development teams in India.  PayPal said that it will continue to invest in product development that "enables Indian businesses to reach nearly 350 million PayPal consumers worldwide, increase their sales internationally, and help the Indian economy return to growth". The company processed $1.4 billion worth of international sales for over 360,000 merchants in India last year.